Committee / Foreclosure Sales Coverage
| Who? | Any attorney that is appointed to represent the court in a foreclosure. |
|---|---|
| Why? | Foreclosure Standing Orders require $1,000,000 liability insurance in the name of the attorney (Committee of Sale) to provide liability protection for the day of possession (sale). |
| What? | For $200 per binder (including tax), the attorney will be provided with proof of coverage that meets the Judicial Insurance requirements. |
| How? | It's easy to obtain coverage: Order online for fast turnaround(or download pdf, complete and submit form) Once payment is received, the attorney will be provided with evidence of coverage and a paid receipt that will allow for reimbursement of the premium from the court. |
This program has been designed by Smith Brothers Insurance, Inc. – a leading provider of insurance and risk management products for law firms – and CATIC Exchange Solutions, a subsidiary of CATIC Financial, Inc. and affiliate of CATIC – a leading provider of Title Insurance.
This team has worked with an A-rated carrier to negotiate the $200 premium for this policy, which is 20% less than what is currently available in the marketplace. You will be pleased with the ease of doing business with us.
68 National Drive, Glastonbury, CT 06033